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OpenAI investors push to bring Altman back as CEO one day after he was ousted by board(www.nbcnews.com)

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ZeroCool@feddit.ch
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echo64@lemmy.world
-5 points

The boards job is to deliver shareholder value. Ergo, it may or may not be something illegal, all ypu can guarantee is that they think that revealing information might lose shareholder value.

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Echo Dot@feddit.uk
2 points

They don’t have shareholders. Open AI is a nonprofit. So the job of the board is literally to do what is best for the organization, I can’t see how it could possibly be good for the organisation to fire the CEO and then point right refused to elaborators to the reason.

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eggymachus@sh.itjust.works
18 points

The board that fired him was that of the nonprofit, so they don’t answer to shareholders.

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Optional@lemmy.world
1 point

To be honest the shareholder value on a non-profit is, uh, lackluster.

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